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The table below shows the sales of widgets (in units) over the past 5 years. Using exponential smoothing with a smoothing constant of 0.8, what

The table below shows the sales of widgets (in units) over the past 5 years. Using exponential smoothing with a smoothing constant of 0.8, what is the forecast for next year? The initial forecast (for 5 years ago) was 1,200 units.

Forecast:

Time Sales
5 years ago 1,260
4 years ago 1,220
3 years ago 1,040
2 years ago 1,060
Last year 1,270

(Do not round intermediate calculations, round your final answer to the nearest whole number.)

Forecast __________

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